FILE PHOTO: The logo of German industrial group Siemens is seen in Zurich, Switzerland, January 30, 2019. REUTERS/Arnd Wiegmann/File Photo
ZURICH (Reuters) - Siemens reported better-than-expected industrial profit on Thursday as the German technology group said it was seeing "extraordinary" order intake from its customers.
Orders surged 52% to 24.21 billion euros ($27.66 billion), well ahead of expectations, the maker of trains and factory software said, as businesses stocked up on equipment and demand increased after the pandemic slowdown.
Already a subscriber? Log in.
Unlock 30% Savings on Ad-Free Access Now!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
